PREFERRED STOCK (Tables)

12 Months Ended

Dec. 31, 2012

PREFERRED STOCK [Abstract]

Summary of Series I and Series II Convertible, Redeemable Preferred Stock

Below is a summary of the Series I and Series II Preferred Stock:

	12/31/2012				12/31/2011
Convertible Redeemable Preferred Stock	Shares				Shares
	Issued and				Issued and
	Outstanding		Amount		Outstanding		Amount
Series I		-	$	-		947,058	$	4,735,291
Discount on Series I				-				(2,505,680	)
		-	$	-		947,058	$	2,229,611
Series II		-	$	-		665,339	$	3,326,697
Discount on Series II				-				(2,348,096	)
		-	$	-		665,339	$	978,601

	12/31/2012				12/31/2011
Convertible Preferred Stock	Shares				Shares
	Issued and				Issued and
	Outstanding		Amount		Outstanding		Amount
Series II		665,339	$	2,157,238		-	$	-
		665,339	$	2,157,238		-	$	-